US P/C Insurance Industry Income Tops $100B in 2024: Verisk, APCIA March 21, 2025 The U.S. property/casualty insurance industry reported its first full-year underwriting gain in four years, fueling a jump in net income...
Markets/Coverages: MS Amlin Binds Reinsurance Facility to Cover Ukraine’s SMEs March 21, 2025 MS Amlin, the Lloyd’s global re/insurer, has bound a reinsurance scheme that could provide up to €1 billion (US$1.1 billion)...
People Moves: Marsh Names Curran US Surety Leader, Schweitzer US Construction Claims Leader; Ryan Alternative Risk Promotes Havey to President March 21, 2025 Marsh, headquartered in New York City, appointed Fran Curran as U.S. surety leader and Todd Schweitzer as U.S. construction claims...
Delta Pilots Warned on Rapid Descent Before Toronto Jet Flipped March 21, 2025 By Melissa Shin The Delta Air Lines Inc. plane that flipped over as it landed in Toronto last month was warned about its...
UK Watchdog Fines London Metal Exchange Over Handling of 2022 Nickel Crisis March 21, 2025 By Polina Devitt and Eric Onstad Britain’s financial regulator fined the London Metal Exchange on Thursday for allowing nickel prices to surge out of control three...
Germany Confiscates Tanker in Russian ‘Shadow Fleet,’ Spiegel Reports March 21, 2025 By Rachel More and Friederike Heine Germany seized a decrepit tanker found adrift off its northern coast in January that is believed to be part of...
Lloyd’s Register to Sell Modern Tower and Return to Victorian HQ March 21, 2025 By Damian Shepherd and Jack Sidders Lloyd’s Register, the maritime society formed in a London coffee house in 1760, has put its modern glass headquarters up...
Texas Senate Passes Ban on Hemp March 21, 2025 By Kayla Guo, The Texas Tribune The Texas Senate on Wednesday passed a state ban on all forms of tetrahydrocannabinol, or THC, advancing a priority of...
Highway Pileup in Kansas Shows How Dust Storms Can Turn Deadly March 21, 2025 By John Hanna A gust of wind sweeps over bare soil, kicking up enough dirt and dust to cut visibility to nearly zero,...
Carbon-Capture Pipeline Faces Delay After S. Dakota Eminent Domain Ban March 21, 2025 By Sarah Raza and Jack Dura The company behind an $8.9 billion carbon-capture pipeline proposed for five Midwestern states said Wednesday it wants to indefinitely delay...